SEC orders Hedge Funds and Private Equity to open their books. Prop shops last bastion of hope for quants?

(Last Updated On: November 19, 2010)
Learn the Secret

Get  our 2 Free Books

Get these now which land directly to their inbox.
Invalid email address

SEC orders Hedge Funds and Private Equity to open their books. Prop shops last bastion of hope for quants?

he Securities and Exchange Commission voted 4-1 Friday to subject many hedge funds and private-equity funds to new scrutiny, including surprise inspections. Hedge-fund managers with assets over $100 million would be required to register with the agency under this proposal.
The new rule, which is expected to be finalized before July 2011, is authorized under the recent Dodd-Frank financial reform legislation. “The enhanced information,” SEC Chairwoman Mary Schapiro said, “will better enable regulators and the investing public to assess the risk profile of an investment adviser and its funds.”

Lisa Swan, a former senior new media editor at the New York Daily News, is a columnist for The Faster Times and a blogger for Subway Squawkers. Her work has also appeared in Yahoo Sports, Huffington Post, Heater Magazine, and the upcoming book Graphical Player 2011.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This entry was posted in Stock News and Tips and tagged , , , , , on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at